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>better option than government regulation to afford that same protection What do you have in mind?

by D_Alex 7y ago

nostromo 7y ago
I think Uber vs the SF taxi commission is one such example. Regulations on taxis were sold as a public safety measure but the regulators became captured by the industry. Uber and Lyft sidestepped the regulations and prices went down, service improved dramatically, and there was no reduction in safety. (In fact, it’s likely drunk driving has gone down and improved public safety.) In this instance, private industry is currently a better regulator than the regulators were.
- D_Alex 7y ago
  This is a good example, but: have you ever dealt with airport car ride hustlers? This is what the alternative to taxi regulations looked like before smartphones enabled solutions like Uber. Furthermore: Is there a general principle here that can be applied across a range of situations as a better alternative to government regulations?
  - rohit2412 7y ago
    And guess what, Uber is just subsiding rides to capture market share. With a monopoly, they'll be worse than the airport ride hustlers.
- Guvante 7y ago
  > Uber and Lyft sidestepped the regulations and prices went down, service improved dramatically Technically neither of those is a failure of regulation, those are side effects of regulation. Uber and Lyft removed transparency of costs beyond knowing the cost of your trip for instance which isn't a benefit. In fact I can't think of much that is related to regulation that they do better beyond being good enough for now by most metrics that people care about. Of course if that changes in the future nothing can be done. I am fine with Uber and Lyft existing and I do agree that taxis had in some places made themselves into a nuisance but I don't know that those companies did a better job as much as they just ignored all those problems and assumed they weren't important.
  - conanbatt 7y ago
    > I am fine with Uber and Lyft existing and I do agree that taxis had in some places made themselves into a nuisance but I don't know that those companies did a better job as much as they just ignored all those problems and assumed they weren't important. Please, the taxi companies have been decimated world wide. Its absolutely clear that people are way happier working and consuming Lyft/Uber services.
    - hdfbdtbcdg 7y ago
      I am very happy the Uber were kicked out of where I live. Some governments had the courage to stand up to them.
      - conanbatt 7y ago
        Against the interests of riders and drivers.
  - austhrow743 7y ago
    >Uber and Lyft removed transparency of costs beyond knowing the cost of your trip for instance which isn't a benefit. That's the only cost that matters isn't it? And the cost that taxis wouldn't provide a quote for until service was rendered.

>better option than government regulation to afford that same protection What do you have in mind?

by D_Alex 7y ago

>better option than government regulation to afford that same protection What do you have in mind?

I think Uber vs the SF taxi commission is one such example. Regulations on taxis were sold as a public safety measure but the regulators became captured by the industry. Uber and Lyft sidestepped the regulations and prices went down, service improved dramatically, and there was no reduction in safety. (In fact, it’s likely drunk driving has gone down and improved public safety.) In this instance, private industry is currently a better regulator than the regulators were.

D_Alex 7y ago
This is a good example, but: have you ever dealt with airport car ride hustlers? This is what the alternative to taxi regulations looked like before smartphones enabled solutions like Uber. Furthermore: Is there a general principle here that can be applied across a range of situations as a better alternative to government regulations?
- rohit2412 7y ago
  And guess what, Uber is just subsiding rides to capture market share. With a monopoly, they'll be worse than the airport ride hustlers.
Guvante 7y ago
> Uber and Lyft sidestepped the regulations and prices went down, service improved dramatically Technically neither of those is a failure of regulation, those are side effects of regulation. Uber and Lyft removed transparency of costs beyond knowing the cost of your trip for instance which isn't a benefit. In fact I can't think of much that is related to regulation that they do better beyond being good enough for now by most metrics that people care about. Of course if that changes in the future nothing can be done. I am fine with Uber and Lyft existing and I do agree that taxis had in some places made themselves into a nuisance but I don't know that those companies did a better job as much as they just ignored all those problems and assumed they weren't important.
- conanbatt 7y ago
  > I am fine with Uber and Lyft existing and I do agree that taxis had in some places made themselves into a nuisance but I don't know that those companies did a better job as much as they just ignored all those problems and assumed they weren't important. Please, the taxi companies have been decimated world wide. Its absolutely clear that people are way happier working and consuming Lyft/Uber services.
  - hdfbdtbcdg 7y ago
    I am very happy the Uber were kicked out of where I live. Some governments had the courage to stand up to them.
    - conanbatt 7y ago
      Against the interests of riders and drivers.
- austhrow743 7y ago
  >Uber and Lyft removed transparency of costs beyond knowing the cost of your trip for instance which isn't a benefit. That's the only cost that matters isn't it? And the cost that taxis wouldn't provide a quote for until service was rendered.